| EDC latest price $108.2400 (9.21%) ($104.5000 - $108.7100) on Thu. Mar. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 38 |
Latest Price | $108.2400(9.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDC advances 1.8% a day on average for past five trading days. |
Weekly Trend | EDC declines -6.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDC advance at 0% a week (0% probability) EEM(99%) MCHI(88%) FXI(87%) KWEB(82%) EWY(81%) |
Factors Impacting EDC price | EDC will decline at least -2.105% in a week (0% probabilities). VIXM(-41%) UUP(-32%) VXX(-15%) IGOV(-5%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.105% (StdDev 4.21%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.1% |
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